CIBC Mellon says it is cutting Bolivia, Costa Rica, Ecuador, Namibia, Trinidad & Tobago and Tunisia from its global custody network due to inactivity by clients. However, the bank is adding Bulgaria to the network. Bank Austria Creditanstalt will service CIBC Mellon in Sofia, via its CB Bank Biochim AD subsidiary.
CIBC Mellon Cuts Six Countries From Its Custody Network, But Adds One
CIBC Mellon says it is cutting Bolivia, Costa Rica, Ecuador, Namibia, Trinidad & Tobago and Tunisia from its global custody network due to inactivity by clients. However, the bank is adding Bulgaria to the network. Bank Austria Creditanstalt will service
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